The Trump family’s crypto project World Liberty Financial may soon receive a national trust bank charter from the Office of the Comptroller of the Currency (OCC). US outlet NOTUS, citing informed sources, reports that the special regulatory approval is being processed for a project subsidiary—the World Liberty Trust Company, registered in January. Industry experts and former OCC officials call approval virtually guaranteed, noting that in the current political climate, an official refusal by the agency could seem unthinkable.
Obtaining federal National Trust Bank status will open substantial financial opportunities for the Trump family business. This will allow the company to operate under a single regulatory framework nationwide without the need to secure separate licenses in each US state. Under OCC supervision, the subsidiary will be able to legally hold clients’ digital assets in custody, manage reserves, and provide conversion and settlement services. The principal advantage of the license will be the right to independently issue the USD1 stablecoin, which was created in 2025 as a core settlement element for the World Liberty Financial ecosystem.
Official representatives of the crypto project say the new banking structure’s operations will be fully transparent and subject to government oversight. World Liberty Financial spokesperson David Waxman emphasized that if the license is granted, World Liberty Trust Company will strictly comply with US law, regularly submit reports to banking examiners, and meet all consumer protection and anti‑money‑laundering standards. According to earlier estimates by Bloomberg, the launch and scaling of the project, largely through issuance of the USD1 stablecoin, could bring the family of the current US president about $150 million in net income by the end of the current year.
